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| | | ... Fund were also closed to super investors. The move comes at the fallout of the Shield Master Fund. ASIC and Macquarie are now battling it out in the Federal Court as the regulator alleges MIM did not act efficiently, honestly and fairly when it failed ... |
| | | | ... without a sound governance framework will be prone to the rapidly changing environment, as platform providers and regulators are now preparing to raise the bar on this front. He said advice firms need to review their governance frameworks to weather ... |
| | | | ... APRA said instead of a tenure limit for non-executive directors of 10 years with the possibility of a two-year extension, it now proposes a hard tenure limit of 12 years with short extensions in limited circumstances. Additionally, a proposal for banks ... |
| | | | ... Corporation (CSC) has sold a 50% stake in a Sydney premium-grade office tower to GPT Group for $860 million. The two entities have now also established a new office partnership, and upon completion of the investment, GPT and CSC will each own a 50% interest ... |
| | | | ... employers, whereas industry funds historically have been pointed to a single particular industry, he says, noting how members can now freely choose their own super fund. "What we see with our industry fund clients is the structures that they have tend ... |
| | | | ... Advisers has announced three senior appointments across infrastructure, alternatives, and sustainability. John Xu (pictured) is now head of infrastructure, Chris McAvoy is head of alternative investment strategy research, and Suzy Yoon is taking on the ... |
| | | | ... Capital Property Fund. He was authorised by United Global Capital (UGC) at the time. ASIC's investigation into UGC, which is now in liquidation, had found it advised prospective clients to establish SMSFs and invest into speculative schemes. The ... |
| | | | ... were again the subject of the bulk of complaints, followed by service issues. This year's review was expanded to include Buy Now Pay Later (BNPL) providers. AFCA received 2099 complaints about these products, with the most common issues cited being credit ... |
| | | | Insignia Financial delivered a strong first quarter for FY26, with funds under management and administration now exceeding $340 billion. Over the period, the business saw total net inflows of $1.0 billion, driven by $1.3 billion of net inflows into ... |
| | | | ... director of retirement at AMP. "I told her she had the same super balance she had started with, and she should start spending it now." Hillier's anecdote about his mother sums up much of his approach to superannuation. Australians, he says, "can ... |
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